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PI Original
by Ellyn Fortino
11:02pm
Mon May 11

After Pension Ruling, Experts Say Illinois Lawmakers Should 'Face Up' To Need For New Revenue

After the Illinois Superme Court struck down the state's 2013 pension-cutting law on Friday, some economic and political experts say Springfield lawmakers and Gov. Bruce Rauner need to get serious about new revenue options to help address the state's pension and budgetary pressures.

Quick Hit
by Aaron Cynic
6:48pm
Tue Mar 24

Activists Rally Support For 'A Financial Plan That Puts Chicago’s Communities First'

Community activists say they have an alternative plan for making Chicago fiscally solvent -- and it doesn't rely on cuts that disproportionately affect low- and middle-income people. 

A new report, "Our Kind of Town: A Financial Plan that Puts Chicago's Communities First," targets "predatory financial deals" that cost the city millions of dollars. The paper, crafted by the Refund America Project at the Roosevelt Institute, also suggests a series of progressive taxes could put millions back into the city's coffers.

"What we have is a priorities crisis," said Amisha Patel, executive director of the Grassroots Collaborative at press conference outside the offices of Loop Capital Management. "For decades, budgets in Chicago have been balanced on the backs of working families. In fact, there are a clear set of policy solutions to raise a progressive revenue that our neighborhoods need."

PI Original
by Ellyn Fortino
10:37pm
Mon Mar 16

Emanuel, Garcia Spar Over City Finances During First Debate

Progress Illinois provides highlights from the first televised debate for Chicago's mayoral runoff election between Mayor Rahm Emanuel and Jesus 'Chuy' Garcia.  

PI Original
by Ellyn Fortino
11:10am
Mon Mar 16

Garcia Unveils Fiscal Framework For Chicago, But Revenue Specs To Come Post Election

Mayoral challenger Jesus 'Chuy' Garcia previewed his fiscal plan for Chicago Friday, outlining some $500 million in budget savings for the cash-strapped city. But the mayoral hopeful stayed mum on his plans for generating new revenue. Progress Illinois takes a look at Garcia's budget framework and what Rahm Emanuel's campaign had to say about it.

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